It looks like after a long wait, Petronas’ troubled RM109 billion Canadian liquefied natural gas (LNG) project is finally set to take off. Or is it? Could Petronas’ RM109b project fall at final hurdle?www.malaysiakini.comKINIBIZ It could still technically be derailed due to environmental concerns. M …
Read More »A RM22 billion write down, due to the oil price slump, wipes out Petronas’ profi…
A RM22 billion write down, due to the oil price slump, wipes out Petronas’ profits in 4Q14, turning it into RM7.3 billion losses. It also hangs big question marks on the future of Petronas’ overseas ventures, such as the RM100 bil Canadian LNG project. Petronas sucker punched by RM22 bil impairmentw …
Read More »StockStalk – Petronas’ U-turn in awarding MISC ownership of five new LNG tankers…
StockStalk – Petronas’ U-turn in awarding MISC ownership of five new LNG tankers in a RM4 billion deal is well received by most analysts and continues the shipping company’s remarkable turnaround. MISC: Boosted by Petronas’ RM4 bil U-turnwww.kinibiz.comPetronas’ U-turn in awarding MISC ownersh …
Read More »FREE: TigerTalk – Petronas’ U-turn in a RM4 billion LNG tankers deal, conceding…
FREE: TigerTalk – Petronas’ U-turn in a RM4 billion LNG tankers deal, conceding ownership to subsidiary MISC instead of operating the vessels themselves, is a sign that the oil crisis is forcing Petronas’ hands. Petronas eats RM4 bil humble piewww.kinibiz.comPetronas' U-turn in a RM4 bill …
Read More »FREE: Tiger has always viewed Petronas’ very expensive venture into shale gas in…
FREE: Tiger has always viewed Petronas’ very expensive venture into shale gas in British Columbia as highly risky and ill-considered. Petronas, cut losses on RM120 bil Canadian venturewww.kinibiz.comTiger thinks when you leave too much money with a company, it does nasty things with it because it do …
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